Busan Port Authority to Reannounce Selection of North Port Container Terminal Operator... Scheduled from November 17 to 28

Announcement of Selection for Operator of Singamman·Gamman Pier (Berth No.1) - Bid Closing Result: No Successful Bid

Busan Port Authority.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Busan Port Authority (BPA) announced that the public notice for the selection of the operator for ‘Busan Port North Port New Gamman Pier and Gamman Pier (Berth No. 1)’ was closed at 2 PM on the 16th after a 50-day period from September 28 to November 16, with only one company bidding, resulting in a failed bid.

Accordingly, BPA will conduct a re-announcement for 12 days from the 17th to the 28th. There will be no changes to the announcement conditions, and the deadline for re-announcement submissions is 2 PM on the 28th.

If only one bidder participates even after the re-announcement, BPA plans to form an external review committee according to the National Contract Act to conduct a selection evaluation for the bidding company on November 29, and select and announce the preferred negotiation candidate on the 30th.

After selecting the preferred negotiation candidate, BPA plans to complete the operator selection by proceeding with negotiations on mutual rights and obligations related to the lease contract and concluding a preliminary lease contract.

BPA stated that it will make thorough preparations to select the operator in a timely manner for the stable operation of the Busan Port North Port container terminal and to ensure that the target pier can operate normally.

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